The definition of "inventory" for purposes of Sec. 751 includes
A) cash.
B) land held for investment.
C) marketable securities not held by dealers.
D) depreciation recapture potential on Sec. 1231 assets.
D) depreciation recapture potential on Sec. 1231 assets.
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________ is the process whereby the judge and attorneys ask prospective jurors questions to determine whether they would be biased in their decisions.
A. Consolidation B. Trial of fact C. Voir dire D. Intervention
To calculate diluted EPS, the accountant does all of the following except:
a. adds back to net income any compensation expense recognized on the employee stock options b. adds back any interest expense (net of taxes) on convertible bonds c. adds back any dividends on convertible preferred stock the firm subtracted in computing net income to common shareholders. d. enters only the net incremental shares issued (shares issued under options minus assumed shares repurchased) in the computation of diluted EPS.
You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your production power costs. Power costs at 6,000 machine hours are $5,400; at 9,000 machine hours, they are $7,800 . What are the total fixed costs that you would use to estimate production power costs for your company at any level within your relevant range?
a. $600 b. $6,400 c. $2,400 d. $4,800
______ refers to the planned acquisition of knowledge, skills, and abilities (KSA) to carry out a specific task or job in a vocational setting.
a. Education b. Training c. Development d. Learning